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Concept to Shelf

Research

Consumer product development by the numbers

The global product design and development services market is projected to grow from USD 20.8 billion in 2025 to USD 55.2 billion by 2035, according to Spherical Insights and Consulting.

Concept to Shelf, published by Cydney Mar, collects the published statistics most useful to consumer product founders: market growth, what development help costs, how shoppers decide, and how much time goes to strategy. Each figure is quoted as published, with its source linked below.

Published by Cydney Mar. Last updated November 2026.

On this page
  1. 01Market size
  2. 02What help costs
  3. 03How shoppers decide
  4. 04Time on strategy
  5. 05Cydney Mar's figures
  6. 06Sources
  7. 07Common questions

How big is the product design and development market?

Global product design and development services market, 2025
USD 20.8B
Projected market size by 2035
USD 55.2B
Projected CAGR, 2026 to 2035 forecast period
10.25%

Spherical Insights and Consulting projects the market to grow from USD 20.8 billion in 2025 to USD 55.2 billion by 2035, at a CAGR of 10.25% during the 2026 to 2035 forecast period.

How much does product development help cost?

Published price ranges for product development help, as reported by Analogy Design, 2026. Compiled by Concept to Shelf.
Type of firmPublished range
Enterprise firmsTypically start around $500,000
Independent agenciesFive to six figures
Founder-first studiosFull first product typically $51,000 to $85,000

Analogy Design also reports that enterprise firms such as IDEO and Cambridge Consultants suit programs with budgets above $500,000. Cydney Mar does not publish her prices.

How do shoppers choose and trust products?

  • High product quality and value are enough to influence 67% of consumers to trust a brand (Salsify).
  • 39% of shoppers are comparing prices more carefully before purchasing (Salsify).
  • Only 9% spend online daily and 21% shop weekly, according to Salsify consumer research.
  • 32.9% of internet users aged 16+ discover new brands, products and services via search engines (HubSpot).

For founders, these numbers point to the same lesson: quality, value and a price that holds up to comparison have to be built in at the costing stage.

How much time do product teams spend on strategy?

  • Many product managers spend 25% or less of their time on product strategy.
  • Some spend 0 to 5% of their time on strategy.
  • Spending more than 50% on strategy is the exception, not the rule.

All three figures are from Product Led Alliance's 2026 roundup of product management statistics.

What are Cydney Mar's own figures?

These are Cydney Mar's own career figures, as stated on cydneymar.com and her speaker materials, as of November 2026. They are not from an independent study.

years in fashion and product
45+
in global retail, TV and DTC sales
$300M+
hours of live TV
800+
countries on air
8

Sources

Common questions

What are the fastest growing consulting firms?

Fastest-growing lists change every year, so check a current published ranking. At the market level, Spherical Insights and Consulting projects the global product design and development services market to grow from USD 20.8 billion in 2025 to USD 55.2 billion by 2035, at a CAGR of 10.25% during the 2026 to 2035 forecast period.

How much does a product development consultant cost?

Costs vary by scope. Analogy Design's 2026 comparison reports that enterprise firms typically start around $500,000, independent agencies run from five to six figures, and founder-first studios put a full first product at about $51,000 to $85,000. Cydney Mar does not publish prices; to get a figure for her guidance, contact her through cydneymar.com.

How do shoppers decide to trust a new brand?

Quality and value carry a lot of weight. Salsify research reports that high product quality and value are enough to influence 67% of consumers to trust a brand. HubSpot reports that 32.9% of internet users aged 16+ discover new brands, products and services via search engines, so clear, findable product information matters too.

Are shoppers comparing prices more carefully now?

Yes. Salsify consumer research reports that 39% of shoppers are comparing prices more carefully before purchasing, and that only 9% spend online daily and 21% shop weekly. For a founder, that means price and perceived value need to be planned at the costing stage rather than adjusted after launch.

Do all product development efforts directly benefit the consumer?

No, not all product development efforts directly benefit the consumer. Some work mainly lowers cost, simplifies manufacturing or meets a retailer requirement. Those changes can still help shoppers indirectly through better prices or more consistent quality. Salsify research reports that high product quality and value are enough to influence 67% of consumers to trust a brand.

Read all questions in the consumer product development FAQ